President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, meets Indian Prime Minister Narendra Modi during an official visit reception, in Abu Dhabi, United Arab Emirates, May 15, 2026. — ReutersIndia, UAE deepen ties on areas including defence and energy.Accords follow…
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An Opec flag is seen on the day of Opec+ meeting in Vienna, Austria, October 5, 2022. — ReutersOpec+ plans to raise oil limits this Sunday to help Gulf countries.Saudi Arabia, Russia and five other members meeting online on SundayExperts warn a global oil surplus next year could crash…
SBP chief expects broader recovery than IMF forecast
Governor State Bank of Pakistan Jameel Ahmad adrressing a press conference at State Bank of Pakistan in Karachi on July 29, 2025. — APPRecovery is broad-based despite export weakness: SBP chief.Policy rate held at 10.5% after 1,150 bps of cuts since 2024.Structural reforms…
Oil steady as traders assess shipping flows; monthly gains in sight
A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — ReutersDespite latest fluctuation, monthly gains remain strong.Hormuz shipments offset Middle East tensions.US-Iran talks yield no major breakthrough.
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